Median Home Prices Over the Decades

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Jun 201822

Median Home Prices Over the Decades

From the way people buy and sell homes to how much they’re paying for them, a lot has changed in the 50 years since Long & Foster’s founding. Median house prices tend to rise gradually over time due to natural inflation and competition within the housing market. Size also can affect the price of the house, and the average house size has increased from 1,500 square feet in the 1970s to around 2,500 square feet now.

Take our quiz to see how the median home price has changes over the decades.

What was the median home price in 1968?

What was the median home price in 1978?

What was the median home price in 1988?

What was the median home price in 1998?

What was the median home price in 2008?

What was the median home price in 2017?